Overview
What is Walker Methodist Foundation?
Walker Methodist Foundation is a supporting organization, situated in Minnetonka, Minnesota, with an address at 11055 Wayzata Blvd 200. Its primary function is to collect donations and generate funds intended for utilization by the Walker Organizations, a group of 501(c)(3) organizations, of which Walker Methodist Foundation is an integral part. The foundation's mission is to enhance the lives of older adults, fostering a culture of care, respect, and service, thereby contributing to an enriched living experience.
Official website here: www.walkermethodist.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Walker Methodist Foundation has achieved a high score of 96%, reflecting its strong performance in accountability and finance. This rating is based entirely on a single beacon score, indicating a focus on financial integrity and governance practices. The organization received full points in critical areas such as the independence of its board members and the presence of essential policies like conflict of interest and whistleblower protocols.
The foundation boasts a highly independent board, with 91% of its board members being independent, which underscores its commitment to good governance. Additionally, it has scored perfectly in areas related to financial oversight, including the absence of material asset diversions and a low liabilities-to-assets ratio of 2.91%. With a program expense ratio of 80.89%, it demonstrates a strong commitment to directing funds toward its programs and services.
While the organization's financial practices are commendable, potential donors may want to explore its programmatic impact further. The available data primarily addresses financial transparency and governance, leaving some questions about the effectiveness and reach of its programs unexamined. Overall, Walker Methodist Foundation stands out for its financial health and governance, making it a reliable choice for donors looking to contribute to a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Walker Methodist Foundation legitimate?
Walker Methodist Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walker Methodist Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.walkermethodist.org
What is the mission statement of Walker Methodist Foundation?
The Walker Methodist Foundation's primary mission is centered around enhancing the lives of older adults. This is achieved through a culture that values care, respect, and service. The foundation's main activity involves soliciting contributions and raising funds, which are then utilized by a group of affiliated 501(C)(3) organizations, including Walker Methodist Foundation itself, to support their operations.
Official website here: www.walkermethodist.org
Who is the CEO of Walker Methodist Foundation?
Scott Riddle is the President/Ceo of Walker Methodist Foundation. The CEO's salary of Walker Methodist Foundation is $0 and their total compensation is $530,049.
Official website here: www.walkermethodist.org
What is the revenue of Walker Methodist Foundation?
Walker Methodist Foundation's revenue in 2022 was $1,288,759.
Official website here: www.walkermethodist.org
Who are the executives of Walker Methodist Foundation and what are their salaries?
There 11 volunteers at Walker Methodist Foundation.
Here are 19 key members and their salaries (Walker Methodist Foundation's CEO's salary is $0 and their total compensation is $530,049):
- Compensation: $0
- Related: $508,173
- Other: $21,876
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $289,742
- Other: $30,280
- Compensation: $0
- Related: $195,351
- Other: $16,541
- Compensation: $0
- Related: $123,760
- Other: $9,933
- Compensation: $0
- Related: $309,632
- Other: $29,676
Official website here: www.walkermethodist.org
Where can I find the form 990 for Walker Methodist Foundation?
Walker Methodist Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.walkermethodist.org
Learn more at the official website: www.walkermethodist.org
Mission Statement of Walker Methodist Foundation
The Walker Methodist Foundation is dedicated to enhancing the lives of older adults. With a strong emphasis on care, respect, and service, the organization strives to improve the living experiences of this demographic. Their primary objective is to solicit contributions and raise funds, using these resources to support various Walker organizations, a group of 501(c)(3) entities, of which Walker Methodist Foundation is a vital supporting organization. The foundation's mission is rooted in the belief that older adults deserve a high quality of life, and through their efforts, they contribute to making this a reality.
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Impact
July, 2024
Walker Methodist Foundation plays a vital role in enhancing the lives of older adults through a culture of care, respect, and service. By soliciting contributions and raising funds to support Walker Methodist and its affiliates, the foundation contributes significantly to the well-being and quality of life for seniors in the community. Its impact is felt through various programs and services that aim to enrich the lives of older adults and promote a sense of dignity and fulfillment.
This information is meant to be a general summary of Walker Methodist Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $50,260
- Gross Receipts: $1,798,096
Assets and Liabilities:
- Total Assets: $3,215,893
- Total Liabilities: $93,873
- Net Assets: $3,122,020
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Organization Details
Founding Year
1980
Phone
(612) 827-8400Principal Officer
Scott Riddle
Main Address
11055 WAYZATA BLVD 200, MINNETONKA, MN, 55305
Website
www.walkermethodist.orgNTEE Category
Code: T30 - Philanthropy
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